Olab Ltd in Middlesex, HA9 7LT

Description

Data updated on: 01-11-2023

Olab started its operations in the year 2002 as a Private Limited Company with reg. no. 04502909. This particular company has been operating for twenty two years and it's currently active. The firm's headquarters is situated in Middlesex at 130 Llanover Road. Anyone could also find this business by the area code of HA9 7LT. The firm started under the business name Orthotic-lab, but for the last two years has been on the market under the business name Olab Ltd. This firm's Standard Industrial Classification Code is 96090 meaning Other service activities not elsewhere classified. The business most recent filed accounts documents were submitted for the period up to 2022-03-31 and the latest annual confirmation statement was submitted on 2023-07-06.

There's one director now leading this limited company, namely Mohammed H. who's been carrying out the director's duties for twenty two years. That limited company had been supervised by Jyoti P. till 2004.

Previous company's names
Olab Ltd 2022-04-25
Orthotic-lab Limited 2002-08-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-02-28	2015-02-28	2016-02-28	2017-02-28	2018-02-28	2019-02-28	2020-02-28	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	-45 540	-45 323	-38 605

Balance Sheet
Cash Bank In Hand	10 474	5 521	4 317
Cash Bank On Hand			4 317	21 542	17 312	32 548	28 396	68 548	47 482	27 639
Current Assets	41 618	27 425	21 397	46 062	35 650	44 986	44 973	73 228	59 283	50 572
Debtors	12 182	5 081	5 028	14 263	13 826	11 412	5 047	3 668	401	10 633
Net Assets Liabilities			-38 605	-27 771	-15 826
Net Assets Liabilities Including Pension Asset Liability	-45 540	-45 323	-38 605
Property Plant Equipment			2 091	2 374	1 780	7 056	5 292	5 109	3 493
Stocks Inventory	18 962	16 823	12 052
Tangible Fixed Assets	3 076	2 534	2 091
Total Inventories			12 052	10 257	4 512	1 026	11 530	1 012	11 400	12 300

Capital & Reserves
Called Up Share Capital	100	100	100
Profit Loss Account Reserve	-45 640	-45 423	-38 705
Shareholder Funds	-45 540	-45 323	-38 605

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			5 619	6 411	7 005	9 357	11 121	12 824	14 440	15 139
Creditors			19 167	9 167	53 256	53 182	48 694	28 609	15 144	3 859
Creditors Due After One Year	39 167	29 167	19 167
Creditors Due Within One Year	51 067	46 115	42 926
Increase From Depreciation Charge For Year Property Plant Equipment				792	594	2 352	1 764	1 703	1 616	699
Net Current Assets Liabilities	-9 449	-18 690	-21 529	-20 978	-17 606	-8 196	-3 721	44 619	44 139	46 713
Number Shares Allotted		100	100
Par Value Share		1	1
Property Plant Equipment Gross Cost			7 710	8 785	8 785	16 413	16 413	17 933	17 933
Share Capital Allotted Called Up Paid	100	100	100
Tangible Fixed Assets Cost Or Valuation	7 710	7 710
Tangible Fixed Assets Depreciation	4 634	5 176	5 619
Tangible Fixed Assets Depreciation Charged In Period		542	443
Total Additions Including From Business Combinations Property Plant Equipment				1 075		7 628		1 520
Total Assets Less Current Liabilities	-6 373	-16 156	-19 438	-18 604	-15 826	-1 140	1 571	49 728	47 632	49 507